Aequum Capital

Overview

Aequum Capital is a specialty finance lender headquartered in Chicago, USA. The company focuses on providing senior asset-backed and cash flow debt facilities to small and medium-sized businesses. Founded by a team of career lending executives and entrepreneurs, Aequum Capital aims to cater to businesses often underserved by traditional banking institutions. Within a relatively short period, the firm has quickly established itself in the commercial lending landscape with a strong focus on tech-enabled solutions to streamline its services.

Recent Developments

September 11, 2024: Aequum Capital appointed James Farrell as Executive Director of Credit and Portfolio Management, bringing over 35 years of experience in commercial finance and secured asset-based lending to the company.
July 16, 2024: The company expanded its revolving credit line to $140 million by incorporating Bank OZK and M&T Bank into its existing banking group alongside Texas Capital Bank and Wells Fargo.
April 16, 2024: Aequum Capital announced the provision of $9.1 million in credit facilities to a leading metal stamping company, part of its record $96 million of commitments in the first quarter of 2024.
April 4, 2024: A $45 million revolving credit facility was led by Aequum Capital for a Midwest-based manufacturing firm to support its acquisition strategy.
August 22, 2023: Within just nine months since starting its operations, Aequum Capital successfully committed over $70 million in loans, demonstrating solid growth and establishing presence in key U.S. markets.
July 23, 2023: The company established its headquarters in the iconic Chicago Mercantile Exchange Building, marking a commitment to expanding its operational capabilities.

Attribute	Information
Founding Date	Not specifically available
Headquarters	Chicago, Illinois, USA
Founders	Team of career executives
Revenue	Not publicly disclosed
Profits	Not publicly disclosed
Key Investors	Castlelake, LP (equity base leadership)
Industry	Specialty finance lending
Number of Employees	Not publicly available

Early History

Aequum Capital began its journey in the commercial lending sector with a mission to support lower middle market businesses typically underserved by traditional banks. It leveraged the extensive experience of its founding team, comprising over a century of combined expertise in lending and financial markets. The firm focused on creating flexible and tailored financing solutions to navigate the increasingly complex economic environment and heightened demand for alternative lending options.

Company Profile and Achievements

Aequum Capital operates as a non-bank lender, providing tailored financial solutions to meet diverse borrower needs. The company's business model revolves around a tech-enabled platform facilitating efficient loan processes:

Utilizes proprietary technology for underwriting, funding, and portfolio management.
Specializes in asset-backed loans, structured loans, and short-term bridge loans.
Provides comprehensive financial solutions including term loans, inventory financing, and growth capital.
Establishes strategic partnerships, demonstrating impactful collaboration with significant lending institutions.
Record $96 million in loan originations in Q1 2024, suggesting robust operational growth.

Current Operations and Market Position

As of 2024, Aequum Capital holds a prominent position as a leader in specialty finance lending. The company focuses on delivering innovative and adaptive financial solutions and has strategically expanded its market presence through:

Enhanced credit facilities to support small to medium-sized enterprises.
Expanding its revolving line of credit to further strengthen its capital base.
Enhancing its leadership team to boost credibility and market positioning.
Operating from the strategically located Chicago Mercantile Exchange Building to capitalize on urban commercial networks.

Conclusion

Aequum Capital continues to carve its niche within the specialty finance landscape, consistently expanding its operational footprint and adapting to the evolving economic climate. With strategic leadership hires and progressive financial solutions, the company endeavors to remain a cornerstone financial partner for underserved businesses. Looking forward, Aequum aspires to further bolster its role as a leading alternative lender through continuous innovation and strategic growth initiatives.